With mounting debts and suffering from the grounding of its 18 Boeing 737 MAX aircraft, Norwegian has this year replaced breakneck expansion with cost cutting in a bid to regain profitability.
"After the completion of the transactions, Norwegian is fully funded through 2020 and beyond based on the current business plan," it said in a statement after trading on the Oslo Bourse was closed.
© Reuters, aero.uk | 06.11.2019 08:04
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